Order and Price Types

Validity Periods of Orders

Orders are valid until 14:00 hrs on the day they are placed. The intermediary institutions can cancel or modify the unmatched orders whenever they want.

Value Date

Same-day valuedate transactions can be conducted on the Market.

Price Base

Trading orders are transmitted in the currency of issue of the security over a price base of 100 units.

Offering Price

The issuer can determine the issue price freely during the offering period, as well as modify the price of the unmatched, or partly-matched sale orders.